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Disney, Warner Bros. Discovery, Paramount, Fox Corp. Face Stock Put Target Cuts

Macquarie media tech analyst Tim Nollen has lowered his stock price targets for Walt Disney, Warner Bros. Discovery, Paramount and Fox Corp., citing weak ad markets and elusive streaming profitability. Nollen is the latest Wall Street watcher to weigh in as TV advertising budgets fall while marketers trim costs amid recessionary and inflation risks…

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Disney, Warner Bros. Discovery, Paramount, Fox Corp. Face Stock Put Target Cuts

Macquarie media tech analyst Tim Nollen has lowered his stock stamp targets for Walt Disney, Warner Bros. Discovery, Paramount and Fox Corp., citing passe ad markets and elusive streaming profitability. Nollen is possibly the newest Wall Avenue watcher to weigh in as TV promoting budgets plunge whereas entrepreneurs fine costs amid recessionary and inflation dangers…
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